Endless End Users Within The Mumbai Housing Market Causes It To Be The Very Best Bet For Investors ?

by

Aashish Palliwal

Property in Mumbai is riding around the festive seasons wave nowadays. After almost 1 year there is some major transaction reported from your real estate market in Mumbai. The enthusiasm of home buyers in Mumbai is making the citys market lucrative for all those developers also, who are situated in other parts of India .Sice the overall situation of housing market in India is not that good and can not be referred to as growing market hence developers and investors both of them are looking Mumbai as the safe bet for his or her investment and also have parked their funds around the housing projects in Mumbai .

Delhi NCR is badly hit due to the high inventory of flats in several housing projects. The market is really much slow even at this time from the festive season that forget about the Home buyers even developers will not want put money into the real estate market anymore. There were the reports which indicated that many of the prominent developers of housing projects in Gurgaon region have reported being investing in Dubai and UK properties to obtain better returns on their investments. Bengaluru, which is considered to be a moderate market driven by the housing demand from NRI sector is also not doing well this year. Unlike the prior years when developers started to organize property shows and exhibitions abroad to lure NRIs . This year developers are emphasizing to reduce their cost by reducing the marketing budget of housing projects in Bengaluru. There was a news coming from Kolkatta , where a local developer, Shristi Infrastructure Development Corporation (SIDC)has announced an investment of Rs. 180 crore inside a housing project in Mumbai. Managing Director from the company, Sunil Jha told reporters, Shristi Sea View project is our first and major residential project in Mumbai beyond Eastern India. We took a premium residential project in Mumbai from the developer in December 2015 as he was not able to develop it. Our investment within the project is going to be around Rs. 160-180 crore,” .

The original developer of the housing project had invested Rs. 50-60 crore inside the project. The ocean view housing project is situated in Shivaji Park in Mumbai and it has 49 flats in 42 story tower using the cost for every flat to be around Rs. 8 crores. The project is predicted to be done by 2018.”We now have already sold 70 percent from your total inventory,” Jha said. “We have been exploring chances to build up similar housing projects Mumbai and inBengaluru, and Hyderabad. We now have been not considering Delhi as there are many unsold inventories,” he explained.the realty clients are also making a township project, spread over 250 acres in Guwahati in Assam. “This is a revenue-sharing joint venture of Shrishti Infra with land owner for Guwahati project. Which used to be a tea garden however its closed for your years. The township will be built phase wise. Inside the first phase, an investment is about Rs. 125-150 crore,”said Jha adding that 90 residential villas have already been built and 400 apartments are going to be launched soon within the first phase.Of total 90 villas, 26 have already been booked, he explained. When completed, the township which is at Khargul Hills extension, through the entire Brahmaputra, will house 6,000 families.

Aashish Palliwal is a very specialized content writer

/ Housing Projects in Pune/

professional too . He has/her written many articles about Indian housing Projects many more for a year and more and gained a lot of experiences about these types of topics. So if want to know more about these kind of topic related writing or articles, you can follow her writings.

For a restaurant to attract customers, food and service both play a major role. It is important that a restaurant manager should hire well-trained staff and at the same time spend on the interiors of the restaurant to make the dining comfortable for their guests. But to stay ahead of the competition, it is also important for a restaurant to invest in a leading technology. This is where we understand the advantages of POS machine for our restaurant.

Many restaurants today are already taking the advantage of POS and making the most of their terminals. Depending on the type and size of the restaurant, the managers use the features of the system. For example, for small coffee shops or bakeries, the manager uses POS for credit card or debit card payments. In case of a medium-sized restaurant, POS is used for placing orders and collecting payments. Whereas in big-sized restaurants, the POS plays a major role in handling sales, receipts, inventory management, customer data, etc.

Why is Point of Sale important?

To understand this we must go through the benefits of a restaurant Point of Sale. Here are the main 3 three advantages of using a POS in your restaurant:

Accuracy of order and payment

When you have a POS it replaces the human element while placing the order. The order when entered into the system will be sent to another connecting system in the kitchen directly. This reduces the human error of miscommunication in placing the order and improves the efficiency of the staff. The same time, while collecting a payment POS is of great advantage. When the customer pays through the card, the issue of returning the loose money does not exist. This will avoid a big headache of returning the extra money especially when the denomination is less than ten rupees.

Reduced administration

As a restaurant manager you are required to involve yourself in a lot of administrative tasks. On one hand, you should manage employees and track their attendance, whereas, on another side you should look after the requirements of the kitchen too. But if you involve yourself in the administration tasks without working on the strategies to develop the business, then you will end up with no improvement in the business. A POS helps you by sharing your administration responsibilities and thus relieves you to concentrate on higher managerial tasks of business growth.

Endless reporting

If you want to study your profit and loss statement or want to know your earnings for a period, then you don’t have to depend on anybody to prepare it for you. You can simply command your POS and print many reports with comparative data at any time. It can be used for printing analytical reports to formulate business strategies.

Summary:

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